Stats show that dogecoin has gained 116.3% in the past two weeks, and the token sits in eighth place in the current crypto market.
Who let the dogs out? Dogecoin smashes the competition by posting triple-digit gains in two weeks.
Dogecoin (DOGE) has had an incredible surge lately and it all started when Elon Musk officially took over the reins of Twitter. Two-week metrics against the US Dollar show DOGE surging an impressive 116.3%, outpacing gains seen by crypto-asset leaders such as BTC and ETH.
The 30-day stats show that DOGE is up 98.8% and over the past week dogecoin has gained 52.8% in value. However, despite the mega gains made over the past month, DOGE is still down 51.3% year-to-date and 82.5% from the all-time high of $0.73. Over the past 24 hours, DOGE has had a price range between $0.122 and $0.134.
The Doge is now the eighth largest coin by market capitalization and the coin has seen $3.10 billion in 24-hour global trading volume. Doge’s market capitalization today stands at $17.5 billion by current metrics and there is a circulating supply of over one hundred and thirty-six billion DOGE.
The first meme currency has also fueled the entire meme currency economy as it is now valued at $25 billion, a 5.9% increase in its USD value in the last 24 hours. The second largest meme currency hasn’t seen gains like DOGE in the past week, the Shiba inu (SHIB), however, gained 8% in the past week.
Other meme coin assets like dogelon mars (ELON) and floki (FLOKI) have gained between 31% and 52% over the past week. Today, DOGE is equivalent to 70% of the entire meme currency economy, which is worth $25 billion, and 1.587% of the entire crypto economy, valued at $1.1 trillion .
Tether (USDT) is the top dogecoin pair as it accounts for 52.88% of all DOGE transactions today, while BUSD follows with 18.76% of all DOGE transactions in the past 24 hours. BUSD is followed by USD (16.76%), BTC (2.70%), KRW (2.68%) and TRY (2.03%) respectively, according to data compiled by cryptocompare.com.